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    Today

    Wind turbines in Kansas. The former president believes they are a cancer risk.

    Trump shows the cost of pettiness among the powerful

    Donald Trump’s vendetta against wind turbines is not unusual among plutocrats and tech lords who believe they should have more say.

    • 37 mins ago
    • Paul Krugman
    Republicans Greg and Jamie Luttrull did not vote in 2022 because they did not like the Republican Senate candidate. Now, with a baby and a mortgage, they say President Joe Biden doesn’t offer them what they are looking for.

    The number that sums up Biden’s biggest economic problem

    While price rises have cooled from more than 9 per cent to 3.4 per cent, household budgets have not recovered since Biden took office.

    • Updated
    • Matthew Cranston
    Donald Trump outside court in Manhattan.

    ‘That is a lie’: Trump’s lawyer attacks Cohen’s credibility

    The former president’s lawyers have attempted to destroy Michael Cohen’s credibility, grilling the prosecution’s star witness at the “hush-money” trial.

    • Michael Sisak, Jennifer Peltz and Michelle Price
    Former US president Donald Trump considers Mar-a-Lago his safe space.

    Inside the weird, deluded world of Donald Trump’s Mar-a-Lago

    The former president exists in a parallel universe inside the walls of his beloved Florida estate.

    • Ben Terris and Josh Dawsey

    Yesterday

    Ray Dalio says this year’s US presidential election is the most important of his lifetime.

    Dalio warns of US debt pile, and he wants Taylor Swift for president

    The billionaire founder of Bridgewater Associates is worried about investors being able to absorb new supply, and why he would vote for Taylor Swift as president.

    • Kate Duguid
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    Donald Trump.

    They still hate him, but Wall Street’s big donors turn to Trump

    Exasperated with Joe Biden’s policies, top financiers are increasingly on board for a second Trump term despite being alienated during his first presidency.

    • Rob Copeland
    Shame about the “pile-on”: Donald Trump with Scott Morrison at his penthouse apartment in Trump Tower.

    Morrison says Trump legal ‘pile-on’ political

    Speaking in Washington, Scott Morrison backed Donald Trump’s assertion that America’s legal system is being used against him.

    • Updated
    • Matthew Cranston
    Donald Trump and Joe Biden are set to face off again in this year’s presidential election.

    ‘Let’s get ready to rumble’: Biden and Trump agree to TV debates

    The two men will go head-to-head on CNN on June 27 then on ABC News on September 10.

    • Updated
    • Zeke Miller and Jill Colvin
    Electric vehicles from China’s Geely car maker bound for shipment from the Port of Taicang.

    America’s race to tear up trade rules hurts everyone

    The US is growing tired of upholding the economic rules it laid out for the world after 1945. But tariffs only punish consumers and undermine competitiveness.

    • Edward Luce
    Barron Trump was largely shielded from the media while he was growing up.

    How 18-year-old Barron Trump could follow in his father’s footsteps

    The youngest of Donald Trump’s children graduates high school this week, which makes him a target for the press.

    • Kate Wills
    US inflation eased slightly in April, offering relief to investors and the Federal Reserve.

    US stocks close at record high on slower inflation pace

    Wall Street notched record closes after data showed price growth moderated, bolstering investor hopes for interest rate cuts by the Federal Reserve.

    • Updated
    • Matthew Cranston

    This Month

    Scott Morrison and Donald Trump at Trump Tower, Manhatten,

    AUKUS is ok with Trump, says Morrison

    Donald Trump has indicated solid support for the AUKUS submarine deal, according to former prime minister Scott Morrison, who met with the former president at Trump Tower in New York on Wednesday AEST.

    • Matthew Cranston
    An armoured personnel carrier near the border with the southern Gaza Strip.

    US to send $1.5b in new military aid to Israel

    The White House has alerted Congress a security package is in the works, after it paused a bomb shipment last week in a warning to Israel over its war in Gaza.

    • James Politi
    Michael Cohen

    Cohen tells of Trump’s Oval Office deal to pay ‘hush money’

    Michael Cohen’s story of a deal struck in the White House with Donald Trump was the only personal account tying the former president to falsified documents.

    • Ben Protess, Jonah E. Bromwich and Maggie Haberman
    Lithium mining in Western Australia. New US levies on Chinese exports could provide long-term support for Australian producers.

    New US tariffs on China could help Australian critical minerals

    It’s not just the federal budget that could boost Australia’s critical minerals exports, but also a new round of US tariffs on Chinese imports.

    • Updated
    • Matthew Cranston and Andrew Tillett
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    Young Chinese are prepared to make the gruelling journey via South America to reach the US where they apply for asylum.

    Chinese asylum seekers are paying $15,000 to reach the US via Mexico

    About 37,000 people from the Asian nation were detained at the United States’ southern border last year.

    • Slavoj Žižek
    The new measures hit imported Chinese goods including electric vehicles, steel and aluminium, semiconductors, critical minerals, solar cells and cranes.

    Biden ramps up tariff regime on $27b of China imports

    Following a four-year review on trade with China, US President Joe Biden will not only keep the tariffs put in place by Donald Trump, but ratchet up others.

    • Updated
    • Matthew Cranston
    Higher producer prices may raise concerns on Wall Street.

    Producer prices leap as US inflation remains sticky

    The unexpectedly high readings may raise concerns on Wall Street and in the Federal Reserve.

    • Christopher Rugaber
    The Warren Air Force Base in Wyoming.

    Biden orders Chinese crypto miner to sell land near US military base

    The US president ordered MineOne Partners and its associates to sell the land next to Warren Air Force Base in Wyoming within 120 days.

    • Demetri Sevastopulo
    Biden v Trump

    Trump leads in crucial states as Biden’s support unravels

    A new set of polls shows the US president is behind in five of six battleground states, as the economy, Israel’s war and a desire for change press on voters.

    • Nate Cohn